Escrow in Thailand
The goal of this article is to inform readers of the current state of Escrow in Thailand. In brief, escrow services are unlawful in Thailand without the proper permission of the Thailand Ministry of Finance Department’s Fiscal Policy Office. This department can only authorize ‘financial institutions’ and not real estate agencies or law firms, as […]
Thailand Work Permit: Application & Renewal Guidelines
A Thailand Work Permit is a book of permissions or licenses that allows a non-Thai or foreigner to lawfully work in Thailand. The Ministry of Labor issues the Work Permit, which must be renewed every time it expires. If you are hired by a Thai firm, foundation, school, or government, you must have a Work […]
Company Registration in Thailand: 2021 Updates
Once you’ve decided to establish a business in Thailand, the following step is to set up a legal company to carry out your plans. Company Registration in Thailand is under the regulatory framework of the Department of Business Development in Thailand. This will allow you to conduct business legitimately in Thailand. Furthermore, it will help […]
Investment Opportunities in Thailand for Foreigners
Thailand offers lucid prospects for foreign investors owing to its rapidly developing economy. With a fast-rising population and exports, the country is experiencing healthy growth. With a boost of state investment, foreign demand, and local consumption, it records a significant GDP growth. Thailand’s economy is also the second-largest in Southeast Asia, after Indonesia, in terms […]
Yellow House Book for Foreigners in Thailand
Tabien Baan means ‘House Registration’ in Thai. It is a sort of government-issued document that names all foreign nationals with a ‘Temporary Stay’ or ‘Long Stay’ visa/visa exemption. Additionally, it is for those who live at the condo or house address as in the house registration book. This frequently enables you to obtain the Pink […]
Delivery Business in Thailand: The Best Ones!
Are you interested in starting a small business in Thailand? Go for Delivery Business in Thailand as it is trending now in Thailand with a promising customer base. Here you can find a comprehensive list of the most profitable ideas and prospects for both foreigners and locals. Thailand is Southeast Asia’s second-largest economy, after Indonesia. […]
How Thai BCG Economy is good for Investment?
The Bio-Circular-Green Economic Model, or BCG, has been proposed by academics and advocated by the Thai government as a new economic model for inclusive and long-term growth. The Thai BCG Economy model uses technology and innovation to turn Thailand into a value-based and innovation-driven economy, leveraging the country’s assets in biological diversity and cultural richness. […]
Thai Limited Companies: Rights of Shareholders
Company shareholders play an important role in the business and therefore, in Thai Limited Companies too. Shareholders who own a larger percentage of the company’s stock have more rights than shareholders who own a smaller percentage of the stock. Are you thinking about going in partnership with a Thai Limited Company? Let’s learn more about […]
How to Select the Right Accounting Service in Thailand?
The Thai government requires all enterprises to produce financial reports on a yearly basis. Companies are also required to have their financial statements audited. While most auditors and accountants in Thailand collaborate, some work on their own. In addition, auditors may refuse to audit a company if the financial statements are prepared by unqualified accountants. […]
Thailand Residence Permit for Foreigners
You can apply for Thailand Permanent Residency if you have lived in Thailand for a significant period of time and have been there on one of the acceptable visa types. This article will go over the benefits, who is eligible, how to apply, and the requirements for obtaining a Thailand Permanent Residence Permit. Eligibility Criteria: Thailand […]
